Sirius XM (SIRI +6.2%) is shooting higher after the company reaffirms its 2011 guidance, and...

|About: Sirius XM Holdings Inc. (SIRI)|By:, SA News Editor

Sirius XM (SIRI +6.2%) is shooting higher after the company reaffirms its 2011 guidance, and guides for 2012 revenue growth of 10%, adjusted EBITDA growth of 20%, and free cash flow growth of 75%, to $700M. The market-pleasing guidance comes a month after Sirius lifted its 2011 free cash flow forecast.